Worldwide luxury goods spending in 2016

Worldwide luxury goods spending in 2016 Last Modified: 15-Feb-2017 7:15 AM
  • €1.081 trillion
    Amount people worldwide spent on luxury goods in 2016, with overall growth of 4% over 2015 and with most of it coming largely from cars, hospitality and gastronomy. Here is how it breaks down by item type:
  • €438 billion
    Luxury cars
  • €249 billion
    Personal luxury goods
  • €183 billion
    Luxury hospitality
  • €66 billion
    Fine wines and spirits
  • €44 billion
    Fine food
  • €39 billion
    Fine art
  • €33 billion
    Design furniture
  • €18 billion
    Private jets
  • €7 billion
    Yatchs
  • €2 billion
    Luxury cruises